Charges laid over alleged ‘crypto mining’ Ponzis that netted $8.4M
Various creators and promotors of two allegedly fraudulent crypto companies are facing a litany of charges that could land them...
Month: December 2022
Japan set to ease 30% crypto tax on paper profits for token issuers
As it stands, Japanese crypto issuers are required to pay a set 30% corporate tax rate on their holdings, even...
New House Financial Services Committee chair wants to delay crypto tax changes
U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to...
CryptoQuant verifies Binance’s reserves, reports no ‘FTX-like’ behavior
Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves. Blockchain analytics...
Should crypto projects ever negotiate with hackers? Probably
A highly profitable trading strategy was how hacker Avraham Eisenberg described his involvement in the Mango Markets exploit that occurred...
Web3 Applications Will Increasingly Be Built on Custom Blockchains, Says Ankr’s Head of Product
As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to...
Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions
The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses...
US Senators Unveil New Crypto Bill — Experts Call It the ‘Most Direct Attack’ on Personal Freedom and Privacy of Crypto Users
Two U.S. senators, including Elizabeth Warren, have introduced a bipartisan bill for the regulation of cryptocurrency. The bill, titled “Digital...
FTX wants permission to sell FTX Japan and FTX Europe as well as LedgerX
The four businesses FTX wants to sell had only recently been acquired, and lawyers argue this simplifies the sale process....
Community baffled by Trump’s bizarre ‘SimpDAO’ NFT collection
Even conservatives and MAGA supporters are not pleased with Trump, as they were hanging on for a more serious announcement...
SBF reportedly files new bail application in the Bahamas Supreme Court
Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his...
Finder.com sued by Australian regulator over its crypto yield product
ASIC claimed a crypto yield-bearing product from Finder’s registered exchange was unlicensed, the firm disagreed but refused to say if...
Stock price for troubled Bitcoin miner Core Scientific surges 200%
After a flurry of bad news throughout 2022, the miner has been offered a lifeline which could enable it to...
Stellar partners with UNHCR to give Ukrainian refugees cash via USDC
One new project attempts to help bankless Ukrainian refugees, while another hopes to streamline international Red Cross projects. Humanitarian groups...
Crypto.com continues its worldwide registration push with Brazilian EMI license
The cryptocurrency exchange has offered a crypto/fiat Visa card in Brazil since last year and is expanding rapidly on international...
